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The Finance Ministry has extended the Emergency Credit Line Guarantee Scheme (ECLGS) to support MSMEs engaged in the travel, tourism, and hospitality sectors to overcome the impact of the COVID-19 pandemic. The scheme will be expanded to ₹5 lakh crore.

1. ₹25,000 crore
2. ₹50,000 crore
3. ₹35,000 crore
4. ₹45,000 crore

Correct answer: ₹50,000 crore

Solution

The ECLGS was expanded to a total corpus of ₹5 lakh crore, i.e., ₹50,000 crore in the context of the question's wording. This was part of the COVID-19 relief measures for MSMEs and related sectors.

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